1.) If the green candle I have highlighted on the 4 hour chart can stay strong and close above the descending line of resistance (orange). (2) break through the top resistance (3) bounce off top resistance retest and form support ( wait for atleast a 1hour candle that opens and closes after bounce above newly formed support line) we could expect a nice run to the upside. Not financial advisor happy trading and best of luck!!
Commento:
As you can in chart the previous candle that broke over resistance trend line did not open and close above it resulting in a false break and steep pull back.